Morgan Stanley Maintains Equal-Weight on JM Smucker, Lowers Price Target to $151
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Pamela Kaufman maintains an Equal-Weight rating on JM Smucker (NYSE:SJM) and lowers the price target from $158 to $151.
June 01, 2023 | 11:47 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Morgan Stanley maintains an Equal-Weight rating on JM Smucker and lowers the price target from $158 to $151.
The news directly mentions JM Smucker (NYSE:SJM) and the lowered price target by Morgan Stanley. As the rating remains Equal-Weight, the short-term impact on the stock price is expected to be neutral. However, the lowered price target may cause some investors to reevaluate their positions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100